Form 4: CoreWeave CEO Michael Intrator Increases Direct Stock Ownership Following RSU Vesting and Tax Withholding

CoreWeave CEO Michael Intrator reported an increase in his direct ownership of Class A Common Stock after the conversion of restricted stock units and subsequent tax withholding.

Summary

• Michael N. Intrator, CoreWeave's CEO, President, Director, and 10% Owner, reported transactions on June 30, 2025, related to his beneficial ownership.
• Intrator acquired a total of 140,357 shares of Class A Common Stock through the conversion of restricted stock units (RSUs). This included 30,977 shares from one RSU award and 109,380 shares from another.
• Concurrently, 77,258 shares of Class A Common Stock were withheld by CoreWeave at a price of $159.99 per share to satisfy income tax liabilities associated with the net settlement of the vested restricted stock units.
• Following these transactions, Intrator's direct beneficial ownership of Class A Common Stock increased to 7,185,785 shares.
• His remaining direct beneficial ownership of Restricted Stock Units stands at 1,995,923 units (464,663 units from one award and 1,531,260 units from another).

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it reflects the vesting of executive compensation and a net increase in the CEO's direct stock ownership, indicating continued alignment with shareholder interests. These are routine, expected transactions.

Positives

• The vesting of restricted stock units indicates the continued service and compensation of a key executive, Michael N. Intrator.
• Michael N. Intrator's direct ownership of Class A Common Stock increased by a net of 63,099 shares (140,357 acquired minus 77,258 withheld for taxes), demonstrating continued equity stake in the company.

Negatives

• A significant number of shares (77,258) were withheld by the Issuer to cover income tax liabilities, reducing the immediate net share gain from the RSU vesting.

Future Outlook

The remaining restricted stock units held by Michael N. Intrator are subject to future vesting schedules, with awards vesting quarterly on the last day of June, September, December, and March, contingent on his continued service to the Issuer.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions, specifically related to executive compensation through restricted stock unit vesting. Such filings are common across all industries for publicly traded companies as part of transparency requirements for insider ownership changes.

Stakeholder Impact

• Shareholders: Provides transparency into the CEO's equity compensation and changes in his direct ownership, which can be viewed as a sign of continued commitment to the company.

Next Steps

• Future tranches of Michael N. Intrator's restricted stock units are scheduled to vest quarterly on the last day of June, September, December, and March, subject to his continued service.

Key Dates

Keywords

CoreWeave, CRWV, Michael Intrator, CEO, Restricted Stock Units, RSU, Stock Vesting, Insider Transaction, Beneficial Ownership, Tax Withholding, Equity Compensation